{"id":2262,"date":"2024-11-07T09:18:02","date_gmt":"2024-11-07T09:18:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2262"},"modified":"2024-11-07T09:18:02","modified_gmt":"2024-11-07T09:18:02","slug":"ark-invests-cathie-wood-joins-call-for-strategic-bitcoin-reserve-gives-thumbs-up-to-cynthia-lummis-plan","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2262","title":{"rendered":"Ark Invest&#8217;s Cathie Wood Joins Call For Strategic Bitcoin Reserve, Gives Thumbs Up To Cynthia Lummis&#8217; Plan"},"content":{"rendered":"<div>\n<p><strong>Cathie Wood<\/strong>, the founder of asset management giant <strong>Ark Invest, <\/strong>supported Sen. <strong>Cynthia Lummis&#8217;<\/strong> (R-Wyo.) call to establish a U.S. strategic <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) reserve.<\/p>\n<p><strong>What happened<\/strong>: On Tuesday, Wood reshared an <strong>X<\/strong> post by the Republican senator promising to make the ambitious proposal a reality.<\/p>\n<p>It was Lummis who <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/07\/40087880\/cynthia-lummis-unveils-strategic-bitcoin-reserve-legislation-this-is-our-louisiana-purchas\">proposed the legislation<\/a>, called the BITCOIN Act, to create a strategic reserve in Bitcoin to support America&#8217;s balance sheet and address its mounting debt.<\/p>\n<p>The bill outlines a $1 million purchase program to acquire 5% of Bitcoin&#8217;s total supply over five years, with a minimum holding period of &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41799045\/ark-invests-cathie-wood-joins-call-for-strategic-bitcoin-reserve-gives-thumbs-up-to-cynthi\" alt=\"Ark\" invest cathie wood joins call for strategic bitcoin reserve gives thumbs up to cynthia lummis plan>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cathie Wood, the founder of asset management giant Ark Invest, supported Sen. Cynthia Lummis&#8217; (R-Wyo.) call to establish a U.S. strategic Bitcoin (CRYPTO: BTC) reserve. What happened: On Tuesday, Wood reshared an X post by the Republican senator promising to make the ambitious proposal a reality. It was Lummis who proposed the legislation, called the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2262","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2262"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2262\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}